Edgewater Park Volunteer Hose Co No 1 Inc

Analysis

Edgewater Park Volunteer Hose Co No 1 Inc is a registered charity in United States, based in Bronx, NY. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Edgewater Park Volunteer Hose Co No 1 Inc reported income of $61k and spending of $54k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $61k (-40%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 82% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Edgewater Park Volunteer Hose Co No 1 Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Culkin Volunteer Fire Department ($61k), Lagrange Firefighters Inc ($61k) and Rothrock Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.